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New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate: 1310 IQD to 1 USD Dinar Market Rate:1475.14 IQD to 1 USD - Are Rates IMF 2% Rule Compliant for 90 Days: NO (maintained market rate: Mar. 15, 2018 to 4-20-2020 | 12-20-2020 to 5-26-21 | 6-16-2021 to Unknown date) Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
26% Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74% Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
37% Dinar Gurus' Official Master List of Possible Major " To Do's ":
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5-17-2024 Newshound Guru Militia Man Article: "The Finance Committee 'knows nothing' about the budget tables" Al-Sudani has been holding his cards so ever close to the chest. The looks of it now is that he will not expose the 2024 schedule data until after there is an exchange rate change that will reduce the deficit. Will that be after the vote for the Speaker of the House of Representatives in the HoR and or before extraordinary session for Sunday by the Prime Minister of Iraq, Al-Sudani.. Time will tell. But, since the CoM nor the HoR have yet to receive the 2024 Budget schedules we can deduce, it is going to be a very tight window for events to occur.
5-17-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the speaker of the house will be voted on and will go through on Saturday and then the meeting of the emergency session for the review of the budget with the COM will be Sunday...Then the budget goes to the House the middle of the week. FRANK: They know what's going on. 5-17-2024 Intel Guru MarkZ [via PDK] They are continuing to crack down to keep people quiet. But its very positive because of the sheer number they are cracking down on. And very positive on the number of people getting trained in banks on foreign currency. Overall it’s a fantastic time to be us. 5-17-2024 Newshound Guru Samson Article: "Parliamentary Finance: The Council of Ministers will approve the budget schedules on Sunday" 5-17-2024 Newshound Guru Pimpy We are seeing a renaissance take place over in Iraq. But the same issues that are keeping it from really taking off and giving Iraq the type of boom it really needs in its economy and its growth is being held down by the same corrupt politicians that have been holding Iraq back for the past 20 plus years...But overall the report from Jeanine Plasschaert was very very uplifting and praising. It showed a lot of positive things taking place in Iraq so don't let the bad things overshadow all the progress Iraq has made...We look forward to Sudani continuing this for at least another four years we hope. 5-17-2024 Intel Guru Bruce [WiserNow] ...we got some pretty good information...from...one of the very most top people in our lead bank which is Wells Fargo... “Looks good for a shotgun start over the next two days”. ...the green light so to speak is given... And that was said Wednesday...What is interesting is we know we're super close. 5-17-2024 Intel Guru MarkZ [via PDK] On the banking side there are big expectations for this weekend. Many people saying this. And expecting a big announcement out of Iraq this Sunday. Hopefully this is it. We will find out Sunday or Monday. 5-17-2024 Newshound Guru Kaperoni These comments from the IMF are obviously meant to encourage them that the opportunity is now to develop and accelerate economic growth...as well as to take significant steps forward with their banking system engaging with banks outside of Iraq. From these documents, it is very clear that Iraq still has a lot of work to do. And I do not see in the near future any change in monetary policy until progress is made. Again, creating the conditions for economic growth appears to be the focus. [Post 2 of 2] 5-17-2024 Newshound Guru Kaperoni Article: "IMF Executive Board Concludes 2024 Article IV Consultation with Iraq" My preliminary review are the Article IV Consultation clearly emphasizes the urgency to diversify their economy in raising non-oil revenue...There's also significant discussion encouraging Iraq to continue to develop their banking system and remove excess liquidity. [Post 1 of 2....stay tuned] 5-17-2024 Newshound Guru Clare Article: "IMF Executive Board Concludes 2024 Article IV Consultation with Iraq" 5-17-2024 Intel Guru MarkZ [via PDK] Article: “Russia endorses Vietnams future participation in BRICS: Russian ambassador” This is the world doing the fundamentals it takes to change their currencies. We are seeing a seismic shift from fiat back to commodities. This is a big piece of news. And Vietnam is pushing toward that end…like Iraq and it’s with or without the US. Question: Will the VND go at the same time as the IQD? MarkZ: We still expect them to go at the same time. 5-17-2024 Intel Guru Wolverine [via Judy Byington] “I hope you guys are excited. ...A lot of things are happening... Bond Holders will probably get blessed this week. Remember, the bond holders go first, and then the currencies holders. Tier4B will actually be “golden” in a few days, in my own opinion, we are that close right now...
5-16-2024 Newshound Guru Militia Man Article: "Securities Commission: We are studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges" Get ready because each and every one of us that have a brokerage account may in the future have the potential to buy stock in Iraq....You might find some fascinating companies. There could be some index funds that you want to try to tap into...
5-16-2024 Intel Guru Frank26 Question: "Are we waiting for the United Nations to remove sanctions?" No they're all removed. "Are they playing catchup or is everything going according to plan?" Everything's going ahead of plan. They are moving a lot faster than we even expected right now. 5-16-2024 Intel Guru MarkZ [via PDK] I continue to hear great things from banks as they continue to train. They say it means we are close but I don’t know what that means timewise. 5-16-2024 Newshound Guru Clare Article: "Iraq increases its possession of gold by more than three tons, bringing the total to 145,661" Quote "Iraq's gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that Iraq has increased its possession of the precious metal by 3,079 tons, bringing the total to 145,661 tons." 5-16-2024 Intel Guru RayRen98 Comment: Today is the Day. RayRen98: MORE LIKE "TOMORROW" IS THE DAY. GET READY...GET READY!...GET READY!!...GET READY!!!...GET READY!!! $$$$$$$$$$$$$... 5-16-2024 Newshound Guru Pimpy I said it a million times. I'm saying the deletion of the zeros is a possibility. I want the same thing you do. I own Iraqi dinar. I'd rather they keep the zeros on and change the exchange rate to $3. I would love that. Or even 1 to 1. I want the same thing you do. What I'm saying to you is you guys should understand that there's another possibility that's likely to happen. That's all I'm saying... 5-16-2024 Newshound Guru Kaperoni The current CBI rate of the dinar is 1310. The market rate is teetering at 1460 which is not within the 2% IMF requirements. In fact, it's closer to 10%. 5-16-2024 Newshound Guru Sandy Ingram It is hard to believe Iraq did not have certain banking capabilities until now...We understand why my ex-husband a retired banker with the Federal Reserve Bank and his peers believed the dinar would not revalue. It appears until Iraq updated its banking system the country could not participate in the global financial platforms...The bankers in the US never explained the reasons for their negative attitude towards the Iraqi dinar. 5-16-2024 Intel Guru MarkZ [via PDK] Are you guys ready - are you paying attention and waiting for big announcements or “extraordinary plans” to be revealed in Iraq on Sunday - according to Sudani? Now this has something to do with the budget. Finishing the 2024 budget. I tell you what - announcing a different rate would sure fix all of those problems including the budget. We are all praying this means something big... Question: Could we be in the banks next week? MarkZ: If we get a rate on Sunday - IMO we could be in the banks next week. 5-16-2024 Newshound Guru Militia Man Article: "Sudani directed the extraordinary session of the council for next Sunday, the federal budget schedules for the year of 2024" We have the vote for the speaker of the House of Representatives on Saturday and then we have a special session about the 2024 budget schedules with the Council of Ministers then they go to the HOR... 5-16-2024 Intel Guru Bruce [via PDK] ...we know we're super close... Most banks...have been fully trained all the way down to the teller level about currencies. And now it's a matter of throwing the switch and getting us toll free numbers and setting our appointments...I think we're very close to ...going... 5-16-2024 Intel Guru Frank26 Community Comment: "I Remember you stated a long time ago that the float will be quick." Yeah, IMO the hunger for the Iraqi dinar is great and the investors are almost endless. I believe when it floats it'll be like getting gunpowder on fire. It'll move fast...Within 3 months you're going to see a significant change. Within 6 months it may be done. I hope that within a year they'll cap it...IMO $3.86 to $4.25. 5-16-2024 Intel Guru MarkZ [via PDK] Community Comment: I heard Sudani is making commercials telling his people about the new currency and the rate? MarkZ: Yes and they even started a committee whose job is to help get that message out to the people. 5-16-2024 Newshound/Intel Guru Mnt Goat Article: "THE DOLLAR IS REELING FROM A FATAL BLOW AND THERE ARE FEARS OF A COLLAPSE OF THE DINAR" ...let me say with 1000% certainty the dinar is NOT going to collapse... Get caught up on past updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
5-15-2024 Intel Guru Frank26 The CBI desperately wants these three zero notes back...If you exchange your dinars at an American bank those dinars go to our federal reserves and boy we will capitalize on it because it'll be a different rate but if we go to a private [Iraqi] bank those dinars go to the CBI. That's what the CBI wants so badly. Wait till you find out how many banks they got! They're smart. They're covering all their bases.
5-15-2024 Newshound Guru Pimpy I have many people tell me, 'they're [JP Morgan] invested in Iraq dinar, so is Donald Trump.' There's no proof. They're not invested in the Iraqi dinar. I've hear that for years, '...The United States has bought millions of dollars of the Iraqi dinar.' No they haven't. There's no proof of that. Nobody can prove that anywhere. That's just rumors and bullshit. That's all that is. 5-15-2024 Newshound Guru Kaperoni It's important to understand how the currency auctions play into the stability of the dinar exchange rate. Not only do the auctions provide a source for dollars to pay for imports, but the balance between dollars and dinars plays a key roll to stabilize the exchange rate in the country. 5-15-2024 Newshound/Intel Guru Mnt Goat Iraq has requested that a United Nations assistance mission (UNAMI) set up after the 2003 U.S.- led invasion of the country end its work by the end of 2025, saying it was no longer needed because Iraq had made significant progress towards stability. Could it be that the rich and powerful are going to let Iraq finally be a true sovereign country and not just on paper? Are they letting go of the apron strings... It is just yet another sign to us that the freedom for Iraq is finally coming to reality. Another stop in the journey down the choo choo tracks and the final stop we all await – the reinstatement. 5-15-2024 Newshound Guru Clare Article Quote: "The Central Bank of Iraq's cancellation of the currency {auction} window at the end of 2024" WE KNOW THIS ... SUDANI & ALAQ HAVE ALREADY AGREED WITH DC ON THIS! IT IS TRUE... THEY (ARE) AND WILL BE ASSET BACKED...WILL FLOAT AND THERE WILL BE A MANAGED CAP... 5-15-2024 Intel Guru MarkZ [via PDK] I have one banker tell me today that this still looks to be our month. This is based on what they are hearing and the training. 5-15-2024 Newshound Guru Militia Man I think they're at the stage where they just got to jump and do it. They have to interlink with the region and...the world so it's going to be a timed event. I don't have the time, the date for that but I think we're going to see it shortly... 5-15-2024 Intel Guru Frank26 Article: "Sudanese directs to hold an extraordinary session next Sunday to discuss the 2024 budget schedules" AN EXTRAORDINARY SESSION... FOR AN EXTRAORDINARY ANNOUNCEMENT! 5-15-2024 Newshound Guru Jeff The rate change is here... Article: "Sudanese directs to hold an extraordinary session next Sunday to discuss the 2024 budget schedules" The reason council of Ministers which normally meet on Tuesday are meeting on Sunday is they can only meet after the rate changes...They are reducing the deficit. To reduce the deficit you have to reduce your expenses, cost and figures. The only way they can do that is revaluing the currency...This step is contingent upon the rate change. 5-15-2024 Newshound/Intel Guru Mnt Goat ...Iraq is always much farther ahead than it seems in these articles, as they can read a bit gloomy at times like there is a ton more of work to be done. But in reality, they are much, much closer to accomplishing most of the goals to the Pillars of Financial Reform as we realize as needed to progress forward into the international arena and play ball with the big guys… Folks, it is coming...we can’t stop it now. It is just a matter of time. |